The dollar index traded mostly sideways losing 0.2% after yesterday big gain versus the Euro. The JPY was the market of choice for FX investors while all other markets traded in narrow ranges. Global equity markets traded lower across the board on fears that the US China tariffs issues will spill into global markets and disrupt global trade stability. The commodities markets took a beating on speculation of decreased US China trade. Metals and OIL traded sharply lower to close at day lows. Asian markets are expected to open lower Monday morning as well as EU markets late in the day.
ECB President Draghi speech at 6:30 pm is the important news on the agenda Monday.
THE JUNE FX CLASS PRACTICE TOMORROW AT 4 pm US, 9 pm gmt.
Swing trades follow up
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